Welcome to our dedicated page for Workhorse Group news (Ticker: WKHS), a resource for investors and traders seeking the latest updates and insights on Workhorse Group stock.
Workhorse Group Inc. (Nasdaq: WKHS) regularly issues news and updates related to its zero-emission commercial vehicle business and corporate developments. Company communications describe Workhorse as a technology-focused manufacturer of electric trucks and platforms for last-mile delivery, medium-duty operations, and specialized commercial applications. This news feed aggregates those announcements so investors and observers can review the company’s own disclosures in one place.
Recent Workhorse news has highlighted its merger with Motiv Power Systems, Inc., described in company materials as Motiv Electric Trucks. A December 15, 2025 release announced that the merger was completed and that the combined company will move forward as Workhorse, a North American manufacturer of medium-duty electric trucks and buses. Related news items cover shareholder approvals for the merger, proxy solicitations, and the company’s efforts to secure the necessary votes at its 2025 annual meeting.
In addition to transaction updates, Workhorse news often covers product and operational milestones. Examples include announcements about the W56 platform, such as the integration of an industry-standard aluminum walk-in body for fleets seeking electric step vans with a traditional form factor. Other releases discuss sales activity, vehicle deployments in customer fleets, and the use of Workhorse’s Stables project as a real-world test bed for its trucks.
Workhorse also uses news releases to communicate financial results, conference call schedules, and information about financing arrangements, including credit facilities and sale-leaseback transactions tied to its Union City, Indiana manufacturing facility. By following WKHS news, readers can see how the company presents its progress on electrification, fleet relationships, capital structure, and governance decisions over time.
Workhorse Group (WKHS) announced a significant purchase order for 6,320 all-electric C-Series delivery vehicles from Pride Group Enterprises, marking its largest order to date. This order highlights Workhorse's expansion into Canada and reflects increasing demand for its electric vehicles in the last-mile delivery market. The initial deliveries are scheduled to begin in July 2021, extending through 2026. Financing for inventory is provided by Hitachi Capital America, reinforcing the partnership between the companies for scaled production moving forward.
On November 9, 2020, Workhorse Group (Nasdaq: WKHS) announced a purchase order for 500 all-electric C-1000 delivery vehicles from Pritchard Companies. This significant order will enhance Workhorse's distribution network while enabling flexible financing options through a partnership with Hitachi Capital America. The C-1000, now certified by the EPA and CARB, marks a milestone in electric last-mile delivery trucks. Pritchard, with over 30,000 annual sales, foresees more orders in the future. The lightweight design of the C-1000 optimizes range and operational efficiency.
Workhorse Group Inc. (Nasdaq: WKHS) announced the submission of its Type Certification application for the HorseFly Unmanned Aerial System (UAS) to the Federal Aviation Administration (FAA). This certification is crucial for establishing the airworthiness of the aircraft, a process that typically takes 12 to 24 months. The HorseFly UAS can autonomously deliver parcels and has successfully completed commercial deliveries, carrying a ten-pound payload up to 10 miles. Workhorse aims to enhance cost-efficiency with operating costs below three cents per mile, marking a significant milestone for the company.
Workhorse Group Inc. (NASDAQ: WKHS) announced a conference call scheduled for November 9, 2020, at 10:00 a.m. ET to discuss its third-quarter financial results ending September 30, 2020. The company focuses on sustainable, drone-integrated electric vehicles for last-mile delivery. A press release with financial results will precede the call. Interested parties can access the call via U.S. and international dial-in numbers, with a replay available until November 16, 2020.
Workhorse Group (WKHS) has secured approval from the New York Truck Voucher Incentive Program (NYTVIP) to offer up to $48,328 and $44,328 vouchers for its C-1000 and C-650 electric delivery vehicles, respectively. This initiative aims to encourage the replacement of diesel vehicles, thereby reducing the sales price for purchasers significantly. CEO Duane Hughes emphasized that this program will enhance sales of C-Series vehicles and support New York's commitment to lowering carbon emissions. The vouchers are available in thirty counties within New York State.
Workhorse Group Inc. (WKHS) announced the successful closing of a $200 million financing agreement with Antara Capital GP LLC. The financing, set to provide Workhorse with $194.5 million in net proceeds, will help accelerate production and enhance product development in the last-mile delivery sector. The financing notes, convertible at $35.29 per share and maturing in four years, bear an interest rate of 4%, which could decrease to 2.75% under certain conditions. CEO Duane Hughes expressed optimism about the funding's potential to solidify the company's leadership.
Workhorse Group Inc. (Nasdaq: WKHS) announced that its C-1000 Extended Range delivery truck has received an Executive Order from the California Air Resources Board (CARB), classifying it as a zero-emission vehicle. This approval allows the company to sell the truck across the U.S., targeting more than a dozen states. The vehicle boasts an urban/highway blended driving range of 149 miles per charge, with urban driving reaching nearly 160 miles. This model will also generate 2.07 Zero Emission Vehicle (ZEV) credits, which can be sold to help meet CARB's emission standards.
On October 12, 2020, Workhorse Group Inc. (WKHS) announced a note purchase agreement to sell $200 million of 4.0% Senior Secured Convertible Notes due 2024. The net proceeds of approximately $194.5 million will support production scaling, new product advancements, and working capital. Additionally, an exchange agreement will see $70 million of existing convertible notes converted to equity, improving cash availability to over $270 million. The convertible notes have a premium conversion price of $36.14 per share, and the financing aims to expedite production efforts and new product timelines.
Workhorse Group Inc. (Nasdaq: WKHS) announced that its C-Series all-electric delivery trucks, specifically the C-1000 Extended Range model, have achieved an industry-leading range of approximately 160 miles per charge under urban conditions. This development positions Workhorse to expand its market reach within the last-mile delivery sector. The company also highlighted that its trucks are recognized as zero-emission vehicles by the California Air Resources Board, aligning with growing environmental standards.
Workhorse Group Inc. (WKHS), a leader in sustainable electric vehicles, announced its participation in several virtual financial conferences in September 2020. Key events include the LD Micro 500 on September 3, 9th Annual Gateway Conference on September 9, and the Cowen 13th Annual Global Transportation & Sustainable Mobility Conference on September 11, highlighting its commitment to innovation in the last-mile delivery sector. Investors can learn more by visiting workhorse.com.